Archive for March 22nd, 2019
China chemical plant explosion death toll reaches 44, with 90 injured
The chemical plant blast in China’s Jiangsu province on Thursday, which packed the force of a minor earthquake, has killed at least 47 people, left 32 in a critical [...] » More
Business Briefs 22 March 2019
* HCMC Infrastructure Investment Corporation (CII) has successfully issued VND1.15 trillion worth of Vietnam dong denominated inconvertible bonds with a coupon of 7.2% per [...] » More
Asian shares gain as Fed says it will hold off on rate hikes
Shares advanced across Asia on Thursday after the Federal Reserve said it has ruled out interest rate increases for this year. The Shanghai Composite index rose 0.9 percent [...] » More
HK residents are least optimistic in 25 years, poll shows
Hong Kong residents have the least confidence about the future in 25 years, amid rising levels of distrust between the local and central government, according to a survey. [...] » More
HK property mogul Thomas Kwok released after more than three years in prison for bribery
Property mogul Thomas Kwok Ping-kwong walked out of Hong Kong’s maximum-security Stanley Prison on Thursday morning, having served most of a five-year jail term for [...] » More
HK chiropractor jailed for 15 months for indecently assaulting young woman during three days of treatment freed on appeal
A chiropractor jailed for molesting a young patient in Hong Kong cleared his name on Wednesday, after convincing an appeal court the treatment he carried out was necessary. [...] » More
Taiwan president to visit Hawaii amid China pressure
Taiwan President Tsai Ing-wen will visit Hawaii next week on a tour of diplomatic allies in the Pacific, official media said on Thursday, a move likely to anger China, which [...] » More
Solomon Islands look beyond Taiwan alliance as election looms
As politicians hit the hustings across the Solomon Islands two weeks out from a general election in the South Pacific archipelago, the loyalty of one of Taiwan’s few [...] » More
Court reviews arrest request on K-pop singer Jung Joon-young
K-pop singer Jung Joon-young was attending a South Korean court hearing Thursday on whether a warrant will be issued for his arrest on allegations he illegally shared [...] » More
Korea to cut stock transaction tax this year
South Korea’s finance ministry and top market regulator said on Thursday they will cut the tax rate for stock trading this year in an effort to support domestic equity [...] » More
GXC logs onto Bithumb, Korea’s largest digital-currency exchange
On 2019 March 21 (GMT+9), Bithumb, South Korea’s largest digital-currency exchange, announced the launch of GXC Exchange, following up on GXC’s continuing [...] » More
Korean watchdog cuts fine on Qualcomm after decade-old legal battle
South Korea’s antitrust regulator has lowered a decade-old penalty imposed on US chipmaker Qualcomm Inc by 18 percent to $200 million, the Korea Fair Trade Commission [...] » More
Korea spycam scandal: more than 1,500 hotel guests secretly filmed and streamed live on the internet
More than 1,500 hotel guests in South Korea were found to be unwitting performers for a community of online voyeurs in rooms carefully rigged with tiny cameras hidden in [...] » More
Qualcomm sees Korean antitrust fine lowered to $200M
South Korea’s Fair Trade Commission on Thursday reduced damages in a decade-old antitrust case involving Qualcomm, with the US chipmaker now facing penalties that [...] » More
Bank of Korea chief says Fed’s shift eased uncertainties; sees no rate cut for Korea yet
South Korea’s central bank chief said on Thursday the US Federal Reserve’s decision to abandon projections for any interest rate hikes this year eased [...] » More
